Mar
 20
 2019



Ulrike

Hello,

Welcome back to The Spin! Today we take a look at international fashion buyers’ favorite looks for fall 2019. We also reveal the new name of the Karstadt/Kaufhof joint-venture, and tell you which of Tom Ford’s personality traits contributed to his accepting the leadership of the CFDA. Enjoy the read and feel free to share! Best, Ulrike



markets

Rise of the used jean. By 2024, the fast expanding market for used clothing should overtake the entire fast fashion business. Within the next ten years, used fashion is expected to grow into a $64 billion industry, providing fertile ground for re-sellers like ThredUp as well as luxury consignment leader TheRealReal and the peer-to-peer Poshmark platform.





brands

Fashion favorites. Following the international fashion shows, top buyers are sharing (translated by Google) their favorite designers, trends and tendencies. Standouts among the brands are Celine, Saint Laurent, Jacquemus and Chanel, while tailored and neo-bourgeoise styles as well as minimalistic (paywall) and monochrome looks are expected to replace creative cuts and wild patterns. 




Back to the future. Since Raf Simons left Calvin Klein in late December 2018, the brand has been in flux. While the luxury collection, which most recently was labeled 205W39NYC, has been discontinued, endless possibilities remain for projects, capsule collections and collaborations with guest designers, artists and celebrities.





tech

Selfie sells. As part of its push into retail, Instagram has introduced (press release) an in-app checkout function that allows users to purchase products directly from participating brands’ Instagram pages. The program launched in the US with 23 partners including Nike, Adidas, Dior, Michael Kors, Prada and Zara. Payment options include credit cards and PayPal.





people

Duty calls. Tom Ford, who is rumored (paywall) to be the mystery buyer of Halston’s former party house in New York, has been named (press release) Chairman of the Council of Fashion Designers of America. The award-winning fashion designer, film director and producer will succeed current Chairwoman Diane von Furstenberg in January 2020. Ford has worked in all major fashion capitals and took the job in part out of a sense of duty.





retail

TDR buys NKD. Following its successful turnaround, German discount chain NKD Group is being sold to British investment company TDR Capital. NKD’s management team under CEO Ulrich Hanfeld will remain on board. Currently, NKD operates just under 1800 stores in Germany and abroad, 24 more than in the previous year. Backed by its new owners, the company plans to open (paywall; translated by Google) an additional 100 stores this year, most of them in Germany.



Name game. The new joint-venture between German department store chains Karstadt and Galeria Kaufhof has now officially been named (in German) Galeria Karstadt Kaufhof. About 175 stores will get a new logo which will feature (translated by Google) both Karstadt’s heritage blue and Kaufhof’s green hue, with the term Galeria prominently standing out.





last

Catty commentary. In the shadow of image driven platforms like Instagram, a small subculture is offering their fashion commentary on Twitter. Going back to 2014 or 2015, the art of high-fashion twitter or hf twitter for short has gone through several transformations, with top contributors like @hautelemonde, which is still active on Instagram, recently suspended for its catty commentary.







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